Alicia Kao is a Managing Director and Head of Strategic Companion Growth on the cryptocurrency alternate KuCoin. Since becoming a member of in 2019, Alicia has been answerable for KuCoin’s advertising and managing establishment and VIP consumer interplay. Furthermore, she’s a strategist with greater than 10 years of digital advertising expertise.
On this unique Coin Version interview, we had the chance to talk to Alicia and focus on a spread of subjects. We explored KuCoin’s future plans to stay one of many prime crypto exchanges, delving into their methods for continued success. Alicia additionally shared insights into KuCoin’s new buying and selling function and the way the alternate ensures strict compliance with anti-money laundering (AML) and anti-terrorist financing (ATF) legal guidelines. Lastly, Alicia make clear KuCoin’s plans for enlargement in Dubai, offering a glimpse into their international development technique.
- As one of many prime crypto exchanges, what methods is KuCoin implementing to remain aggressive and supply the very best providers to its customers?
As a Folks’s Trade, we prioritize our customers by offering adaptable buying and selling instruments that accommodate their wants. We hearken to our customers by way of numerous channels and reply promptly to boost their experiences. In the meantime, now we have been specializing in constructing infrastructure, refining merchandise, and optimizing the platform constantly to verify our product and repair high quality are serving our customers effectively on prime of staying aggressive.
- How does KuCoin’s new Pre-Market buying and selling function work, and what benefits does it supply its customers?
Pre-Market buying and selling is an over-the-counter (OTC) market that at present solely opens for buying and selling earlier than a brand new coin is listed. Patrons and sellers could make their very own quotes and take orders to lock in costs and liquidity prematurely. This enables customers to achieve early entry earlier than a token is formally listed, just like the “Early Hen Market”.
Some individuals have been questioning what the distinction is between this product and futures buying and selling. In contrast to futures, the place you’re shopping for a contract primarily based on future costs, within the Pre-Market you’re immediately buying and selling the tokens themselves. At current, the Pre-Market on KuCoin is primarily designed for over-the-counter (OTC) buying and selling of tokens earlier than they’re formally listed. This OTC nature signifies that buying and selling shouldn’t be steady, not like in futures.
- With all the excitement about crypto funding militant teams, how does KuCoin guarantee compliance with anti-money laundering (AML) and anti-terrorist financing (ATF) legal guidelines?
KuCoin is an organization registered within the Seychelles, complying with the related legal guidelines and rules of the Seychelles, and voluntarily cooperating with regulatory authorities world wide. As a Folks’s alternate, the safety of person property is our precedence. We now have employed analytical instruments and monitoring techniques for anti-money laundering and theft, and now we have been finishing up on-chain and transaction monitoring and scanning constantly to make sure a safe buying and selling setting for our customers.
- Are you able to share your insights in regards to the crypto guidelines in Dubai and the way they examine to different international crypto hubs?
We perceive that completely different areas current completely different attitudes in direction of regulatory frameworks. Since we’re an lively and main participant within the trade, we are going to constantly keep conscious of the regulatory progress in every area. We are going to keep dedicated to constantly monitoring the regulatory panorama and adjusting our services and products accordingly to make sure compliance with related legal guidelines and rules in every nation to the extent potential.
- As one of many audio system on the upcoming Blockchain Life 2023 occasion subsequent week, can we anticipate to listen to first-hand info concerning KuCoin’s future plans?
Total talking, the UAE is a promising market with an impressive geographical location and numerous cultures. And with help from the native authorities, we expect that their potential is massive. We just lately carried out analysis to be taught extra about our customers within the UAE, and thru our analysis, now we have made an fascinating discovery; the preferences and buying and selling behaviors of customers within the UAE showcased their distinctive traits. For instance, in our survey, 72% of the respondents reported having a powerful need to spend money on and buy Bitcoin. The info derived from this analysis will immediate us to turn out to be extra localized and launch merchandise which might be extra catered to native person’s preferences.
Disclaimer: The data introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any form. Coin Version shouldn’t be answerable for any losses incurred on account of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.
